Stephen Harper accuses Mark Carney of overselling his importance during 2008 financial crisis – Toronto Star + MORE Mar 3rd

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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The best high-interest savings accounts in Canada for 2025 + MORE Oct 14th

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Advertisement Why trust us MoneySense is an.... More »
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Top 5 questions about family RESPs + MORE May 13th

If you’re saving up for a child’s post-secondary education, a registered education savings plan (RESP) can’t be beat as a savings tool. No other plan or account in Canada will give you access to thousands of dollars in government grants—free money for your kid’s future tuition and other ed.... More »

Jeffrey Rath fought for First Nations. Now former clients are fighting him - Global News Jul 14th

Jeffrey Rath fought for First Nations. Now former clients are fighting him  Global NewsCourt freezes accounts of separatist lawyer as First Nation alleges misappropriation  CBCJudge freezes $8.5M of Alberta separatist lawyer’s assets amid First Nation trust fight  Glo.... More »

The best high-interest savings accounts in Canada for 2026 + MORE May 11th

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Advertisement Why trust us MoneySense is an.... More »

Parents fear for their kids’ financial future but avoid the money talk + MORE Dec 4th

If you’re dreading having the money talk with your kids, you’re not alone. RBC’s recent poll, Talking Money with Our Kids, revealed some surprising attitudes towards financial education. The majority of Canadians polled say they feel stress about their children’s financial futures—and that.... More »
Stephen Harper accuses Mark Carney of overselling his importance during 2008 financial crisis  Toronto Star‘Revisionist history’: Carney hits back at Harper over letter challenging the Liberal leadership frontrunner’s economic chops  CTV NewsFormer prime minister Harper accuses Carney of overblowing role during financial crisis  CBC NewsStephen Harper says Carney is taking credit for ‘things he had little or nothing to do with’  National PostFormer PM Harper blasts Liberal leadership candidate Mark Carney’s economic record  Yahoo Canada Finance

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Trump confirms he will impose 25% tariff on Canadian goods Tuesday  CBC NewsDonald Trump jolts stock markets with plan to impose 25% tariffs on Canada and Mexico on Tuesday  Toronto StarTrump confirms tariffs happen Tuesday  CityNews EdmontonTrump says 25% tariffs on Mexican and Canadian imports will start Tuesday, with ‘no room’ for delay  The Associated PressTrump says 25 per cent tariffs will go ahead and ‘no room left’ for deal with Canada  National Post

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Ask MoneySense
My wife and I are both retired office workers from a large manufacturing firm. She retired at 60 and I did at 61. We are both 67 now. We have good retirement income between our pensions, LIF, OAS and max CCP, as well as about $12,000 per year in dividend income. The issue is our RRSPs. We have around $900,000 combined, despite drawing down anywhere from $30,000 to $50,000 each year combined. Market returns have been good so it keeps growing despite the withdrawals. We don’t need the income but have drawn down some to take our income to just below OAS clawback level.

We recognize this is a good problem to have, but trying to determine if there is a software program to determine best withdrawals to make each year especially before we turn 71 and convert to RIF.

Trying to balance the issue of pulling even more money out now and paying more tax and OAS clawback versus our kids losing 50% of our RIF to tax when we pass.

—Mike

How to save taxes on an estate

Hi Mike, I will work backward to make some assumptions about your current investments and pension and then give you some things to think about, including life insurance…

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Elon Musk and Tesla: Could Musk’s politics sink the company’s stock?Elon Musk’s car company is required each year to report to investors all the bad things that could happen to it, and the latest version lists every imaginable threat from costly lawsuits to out-of-control battery fires to war and another epidemic.

But there’s barely any mention in the latest annual update of Musk’s full-bore entry into right-wing politics, which some experts say is turning off potential customers who don’t share his views.

What experts think

“It’s marketing 101: Don’t involve yourself in politics,” said New York brand consultant Robert Passikoff. “People will stop buying your products.” It may be too late.

The impact on Tesla sales

Tesla sales plunged 45% in Europe in January, according to research firm Jato Dynamics, even as overall electric vehicle sales rose. That comes after a report of falling sales in California, its biggest U.S. market, and the first annual drop globally for the company last year.

“I don’t even want to drive it,” said Model 3 owner John Parnell, a Democrat from Ross, California, adding that he also is cancelling his order for the company’s Cybertruck, losing a $100 deposit…

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Natasha Knox, Certified Financial PlannerMeet Natasha Knox

With a background in both large and small finance firms, Certified Financial Planner Natasha Knox transitioned to launching and founding her own advice-only firm Alaphia Financial Wellness, serving clients across Canada. In recognizing needs beyond what’s typically expected with financial planning, she incorporates financial therapy into her practice—a very unique service. Knox is has built building her practice so it aligns closely with the needs of her clients through a holistic and emotionally attuned approach.

Services• Financial PlanningSpecializations• Estate Planning• Comprehensive Financial PlanningPayment Model• Fees paid by clients for advice (not based on assets)Languages written and spoken• English

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